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Mar 23, 2013
03/13
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because the bases shall -- of both parties are opposed to the essential elements, entitlement reform and deficit reduction. >> but the difference between this grand bargine and the one two summers ago would be that you're in a world where the deficit might naturally be declining as well the would that make any difference? >> the problem is i don't think you can -- you still have to have revenue for this to be acceptable. ches -- i think it's clear that there won't be increased rates. that's not going to happen. so can this happen? can they tackle tax reform? >> you are also saying medicare costs are beginning to level off. they don't know why, but it's happening. for the first time in years, the democratic senate is actually considering a budget and that means there is possibly a good chance there is going to be a conference committee between the republican house and the democratic senate on the budget that could provide another opening of a bit of a window to again put some of the bigger ideas on the table the gwen: it's also possible that the sequestration, the word i hate to use, but the acro
because the bases shall -- of both parties are opposed to the essential elements, entitlement reform and deficit reduction. >> but the difference between this grand bargine and the one two summers ago would be that you're in a world where the deficit might naturally be declining as well the would that make any difference? >> the problem is i don't think you can -- you still have to have revenue for this to be acceptable. ches -- i think it's clear that there won't be increased...
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Mar 24, 2013
03/13
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KGO
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between those who are saying we have to go with growth right now, to we have to handle this debt and deficit thing. another is that i think the republican party has to make clear what its foreign policy is. it has had two wars for the past 12 years, people are still settling in and thinking, the voters have said, we don't like that. we're not for that. the republican party has to make clear what it stands for and it is going to have a little bit of debate to get there. those two big things and the policies that spring from them will make all of the difference, so will an eventual compelling presidential candidate. somebody who is involved right now. at the end of the day, it's the candidates who resolve a lot of unresolved things by taking a stand and speaking forcefully for it. >> that was bill clinton after walter mondale lost it. after jimmy carter lost. we had a dynamic governor who was reformed minded and brought those issues into the national forefront. he really helped recharge the democratic party. you know, the republican party is out to lunch. i watched cpac, karl. karl was a forme
between those who are saying we have to go with growth right now, to we have to handle this debt and deficit thing. another is that i think the republican party has to make clear what its foreign policy is. it has had two wars for the past 12 years, people are still settling in and thinking, the voters have said, we don't like that. we're not for that. the republican party has to make clear what it stands for and it is going to have a little bit of debate to get there. those two big things and...
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Mar 18, 2013
03/13
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they're not talking to me about the deficit. they want to know what we're doing as far as putting the american people to work. can you expound upon that for me please? ms. fudge: absolutely. i thank the gentlelady. what we have done in this budget, not only did we put in $13 billion for work force training, for job corps, for dislocated workers, retraining, segment training but in total we have almost $500 billion worth of job creation built into our budget. more than any budget, more than any budget, whether it be the democratic caucus, the white house budget or the republican budget. we have doubled down on jobs in the c.b.c. budget. ms. brown: thank you, madam chair. mr. horsford: continuing on, as the chairwoman of the c.b.c. just talked about, the congressional black caucus budget is an alternative budget for the fiscal year 2014. it puts forth a plan that reduces the deficit by $2.8 trillion over the next decade and creates millions of jobs through significant investments toward job creation that will accelerate our econom
they're not talking to me about the deficit. they want to know what we're doing as far as putting the american people to work. can you expound upon that for me please? ms. fudge: absolutely. i thank the gentlelady. what we have done in this budget, not only did we put in $13 billion for work force training, for job corps, for dislocated workers, retraining, segment training but in total we have almost $500 billion worth of job creation built into our budget. more than any budget, more than any...
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Mar 19, 2013
03/13
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speaker, our real deficit is unemployment. let's eliminate this true deficit by bringing the president's american jobs act to the floor for a vote. it deserves a vote. mr. speaker, our mantra should be jobs, jobs, jobs. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman from indiana is recognized for one minute. >> mr. speaker, i rise today to honor an exceptional hoosier, dedicated public servant and a good friend of mine, martin. a man with a strong desire to help others and a man who has been a tremendous asset to the eighth district of indiana. martin has dedicated over 40 years of service to indiana, the eighth district, and to the republican party. he's currently serving his fourth term in elected office as county treasurer. he worked with many civic organizations and within the republican party, committee chairman and member of the eighth district central comm
speaker, our real deficit is unemployment. let's eliminate this true deficit by bringing the president's american jobs act to the floor for a vote. it deserves a vote. mr. speaker, our mantra should be jobs, jobs, jobs. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman from indiana is recognized for one minute. >> mr....
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Mar 21, 2013
03/13
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KRCB
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of deficit. that's the trade balance figures for february for japan. let's have a look at the opening levels for the nikkei and the topix. let me just remind viewers that before we broke off the nikkei went through a pretty volatile twodays due to uncertainties over the bailout plan and it gained 247 points on tuesday as the yen resumed its weakening friend against the euro and the dollar. it's up again today. we pretty much wiped out the losses from monday. we're in the positive so far. >> what can you tell us about currency levels? where do we stand this morning? >> the yen resumes its weakening trend and the euro a big focus are now at the lower 4 y levels. 124.14 to 17. this banking issue overshadows. it's rebounded. traders really taking a bet it will have less of an impact than originally thought earlier this week. i'm talking about monday. investors will be looking to see european pmi data. let's bring up the dollar/yen. that's trading right at the upper 95 yen levels. fed meeting wpped up
of deficit. that's the trade balance figures for february for japan. let's have a look at the opening levels for the nikkei and the topix. let me just remind viewers that before we broke off the nikkei went through a pretty volatile twodays due to uncertainties over the bailout plan and it gained 247 points on tuesday as the yen resumed its weakening friend against the euro and the dollar. it's up again today. we pretty much wiped out the losses from monday. we're in the positive so far....
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Mar 20, 2013
03/13
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it is balanced in terms of making sure we move to responsibly managing our debt and deficit, getting our deficit down to less than 3% of the gdp, as every economist in the bowls simps simpson, all the gang of six have focused us on doing, but also make sure we make that investments to keep our middle class strong. >> the point of our budget is to make sure that we show that we have a ten-year plan, if we can put it into place, we will get our economy moving again, we will begin to manage our debt, and we will quit doing this management by crisis where every time we turn around, the republicans say they'll shut the government down if we don't cut more. we need to have a responsible plan. that is what i'm putting forward. it's what the democrats are supporting today, and i'm very proud of it. i think this shows the american people with can manage our country wisely. >>> before you go to the floor, i wanted to quickly ask about the assault weapon ban. harry reid has decided not to put it in the gun legislation. dianne feinstein is angry, deeply disappointed, still wants a shot at it. wh
it is balanced in terms of making sure we move to responsibly managing our debt and deficit, getting our deficit down to less than 3% of the gdp, as every economist in the bowls simps simpson, all the gang of six have focused us on doing, but also make sure we make that investments to keep our middle class strong. >> the point of our budget is to make sure that we show that we have a ten-year plan, if we can put it into place, we will get our economy moving again, we will begin to manage...
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Mar 18, 2013
03/13
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FOXNEWSW
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make sure we have deficit reduction but don't cut too much too fast. take for scamel the sequestration. 700,000 american jobs will be lost. h is not the right time to do it. we have to phase this in and sequence it so we have economic growth and americans paying taxes. that really helps us recover. >> chris: senator corker, democrats and you just heard this sort of from dirk durbin but i heard it in more extreme forms from other democrats say it is more important to have economic growth than to deal with the national debt. your response? >> i think we should have economic growth and obviously we would like to see that happen and i think reducing the deficit helps cre create econoc growth. look, i think it is ridiculous to say that cutting $1.2 trillion over the next decade when we will spend $47 trillion of your money is a step too far. of course, we need to do that. and on top of that we need to build towards the entitlement reforms which obviously are creating the huge dent down the road. i think it was disappointing to all of us to have the presiden
make sure we have deficit reduction but don't cut too much too fast. take for scamel the sequestration. 700,000 american jobs will be lost. h is not the right time to do it. we have to phase this in and sequence it so we have economic growth and americans paying taxes. that really helps us recover. >> chris: senator corker, democrats and you just heard this sort of from dirk durbin but i heard it in more extreme forms from other democrats say it is more important to have economic growth...
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Mar 23, 2013
03/13
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but i have to tell you, wolf, we can't keep running up deficits like this. it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >> one final question. senator rand paul was here yesterday in "the situation room," 24 hours ago. he said flatly he is going to iowa the next few weeks, seriously thinking of running for the republican presidential nomination in 2016. thinks it is a good idea for him. what about you? >> i am going to make my mind up later. the reason i need to do this job, i am chairman of the budget committee, we have a crisis on the horizon, we need agreements done, i don't think it is good for me or wisconsin district or my colleagues to cloud my judgment at this time with other things. i need to do what i think is right in this moment,
but i have to tell you, wolf, we can't keep running up deficits like this. it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >> one final question. senator rand paul was here...
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Mar 19, 2013
03/13
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the budget presented by the deficit majority makes no effort to reduce deficits, reduce spending, balance the budget or grow the economy. instead, this budget seeks to grow government by taxing more and spending more. it's time that we all recognize that government exists to serve the needs of the people rather than people serving the needs of their government. there are some who believe that government is the only creator of economic prosperity, and if others have achieved success, they must be by default the cause of others' hardships. this type of glass warfare, demagoguery as it is, is harmful to america and our future. it seeks and does divide america. the budget presented by the deficit majority is partisan business as usual. it will tax success by adding another trillion dollars. it increases government spending, it ignores the subject of our health care entitlements, and this whole approach is simply not good for advancing america's economy. it places no priority on ever bringing our budget into balance the deficit majority speaks at length about growing the economy and creating a
the budget presented by the deficit majority makes no effort to reduce deficits, reduce spending, balance the budget or grow the economy. instead, this budget seeks to grow government by taxing more and spending more. it's time that we all recognize that government exists to serve the needs of the people rather than people serving the needs of their government. there are some who believe that government is the only creator of economic prosperity, and if others have achieved success, they must...
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Mar 23, 2013
03/13
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we shouldn't run a deficit at least one that is as large now. i think it's precarious and for the senators, democratic senators running for reelection in red states. that is why you saw four democratic senators they are all representing states that barack obama lost. >> gregg: speaking of debt and deficits, president obama said recently the debt is not an immediate problem, but by huge margins, americans disagree. 68% of them disagree with the president on that. they also think he is wrong with b something else. spending. this is a fox news poll. they think his top priority should be cutting spending to reduce the deficit, not spend more, taxpayer dollars to create jobs. is that why president obama seemed to have dropped the campaign for spending realize he is pushing his job ratings down and in the process driving away potential voters? >> i think there has been a sense over the last month or so, as you point out poll numbers have gone down. white house is not going to make a big campaigns go across the country asking for tax increases but that
we shouldn't run a deficit at least one that is as large now. i think it's precarious and for the senators, democratic senators running for reelection in red states. that is why you saw four democratic senators they are all representing states that barack obama lost. >> gregg: speaking of debt and deficits, president obama said recently the debt is not an immediate problem, but by huge margins, americans disagree. 68% of them disagree with the president on that. they also think he is...
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Mar 22, 2013
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our deficit isn't up to that. >> shepard: what do you make of the parity this year? last year there were a few teams. this year i don't have a clue. >> that's the thing. that's why it's so interesting this year. last year there was a rabbit, kentucky in years past, duke, north carolina. this year there's no one to chase. gonzaga had the toughest time of any number one seed in 16 years last night when they just won by six points. it's really, really tough. every team that has ascended to number one has fallen off, gotten knocked off. so it's really just a wide-open thing here this year, and really 20 teams have a legitimate chance of this. >> shepard: 20. incredible. i wonder what your sense is for what makes a difference. i always thought an older, experienced back court that handles the ball well is what you need in the tournament. but there's more to it than that, of course. >> it's changed so much. used to be these guys would stick together four years. now it's one and done, so it's usually the best player who has the best chance. the problem here this year is the
our deficit isn't up to that. >> shepard: what do you make of the parity this year? last year there were a few teams. this year i don't have a clue. >> that's the thing. that's why it's so interesting this year. last year there was a rabbit, kentucky in years past, duke, north carolina. this year there's no one to chase. gonzaga had the toughest time of any number one seed in 16 years last night when they just won by six points. it's really, really tough. every team that has...
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Mar 20, 2013
03/13
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CURRENT
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the republican party is outraged over the deficits, although george w. bush never balanced a budget in eight years but of course these were freedom deficits. of a the credit card with no limit presidency of mr. bush, the credit card bill has arrived in your mailbox. it's called austerity. last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income. apparently we don't really hate
the republican party is outraged over the deficits, although george w. bush never balanced a budget in eight years but of course these were freedom deficits. of a the credit card with no limit presidency of mr. bush, the credit card bill has arrived in your mailbox. it's called austerity. last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income....
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Mar 25, 2013
03/13
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. >> our budget plan reduces the deficit without raising taxes. >> the republican plan is the same baby with a new diaper. >> we know that until recently president obama and israeli prime minister netanyahu enjoyed what can be politely described as a somewhat strained relationship. on april 7 of last year, the "new york times" reported benjamin netanyahu and mitt romney enjoyed a warm relationship. almost one year later, the israelis have given obama a medal. they appear to be on the same page on iran. >> diplomacy and sanctions have not stopped iran's nuclear programs. diplomacy and sanctions must be augmented by a clear and credible threat of military action. >> we will do what is necessary to prevent iran from getting the world's worst weapons. >> will this story have a happy ending? >> this story will not have a happy ending. what we saw this week was barack obama at his best, connecting with an audience, and he made a compelling case for the need for a two-state solution, the security of israel and the well- being of the region. >> charles? >> the emphasis has been on personality.
. >> our budget plan reduces the deficit without raising taxes. >> the republican plan is the same baby with a new diaper. >> we know that until recently president obama and israeli prime minister netanyahu enjoyed what can be politely described as a somewhat strained relationship. on april 7 of last year, the "new york times" reported benjamin netanyahu and mitt romney enjoyed a warm relationship. almost one year later, the israelis have given obama a medal. they...
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Mar 19, 2013
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what will that knowledge and deficit of experience mean? he definitely sees that his goal is that israel be a normal country than the middle class has a better quality of life, it sounds familiar to people here. the road to that is dealing with the palestinian issue. everything has to work this out. i don't know what that means. and it gave an interview and was quoted, when the reporter asked him about iran, he said, i have no clue. this is a guy on the inner sanctum of israel. he says, i have no clue. i just wonder how this constellation is going to configure itself. i would hope that a lot of time, the foreign diplomats, whether it is in europe, our country, that we spend a lot of time with these new people then be sitting around the table. the central factor, i don't want to go to mention the weeds, these two guys, bennet and lapid have the central access to the government. he is convinced to break that alliance the day after the election. he will do it and get a government more to his liking where he can keep his base. he found out that
what will that knowledge and deficit of experience mean? he definitely sees that his goal is that israel be a normal country than the middle class has a better quality of life, it sounds familiar to people here. the road to that is dealing with the palestinian issue. everything has to work this out. i don't know what that means. and it gave an interview and was quoted, when the reporter asked him about iran, he said, i have no clue. this is a guy on the inner sanctum of israel. he says, i have...
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Mar 20, 2013
03/13
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secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the conversation in a serious way in normal times is tremendous. that's the central political innovation of his career. >> the favorite thing in the accounting discussion is compare the government to a family, saying you couldn't -- well, families do run debt, they cannot afford to buy their houses for cash, so they have a thing called a mortgage, which is the national debt of the family in effect. they try to oversimplify everything in this, but is there some break through in this point of republicans saying you know what, the debt isn't such a serious problem? >> there
secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the...
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Mar 22, 2013
03/13
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FOXNEWSW
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can we have a safety net that survives and still reduce the deficit? paul ryan says no. >> at least budgets are passing around here for a change. the government's going to have to learn to do more with less, it's not the government's money, it's the people's money. >> the senate democrats are considering a number of balances ever-- >> and house committee chair paul ryan telling us republicans and democrats are still world's apart. well, that is an understatement. we saw that just an hour ago. the democratic-led senate defeating the ryan house budget 40-59. so is there any hope left? here is congressman paul ryan. >> great to see you. >> great it to see you again. >> greta: i want to talk about the budget that passed today, i imagine you're happy. >> we're very happy. we passed a balanced budget and it's important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise it's the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a con
can we have a safety net that survives and still reduce the deficit? paul ryan says no. >> at least budgets are passing around here for a change. the government's going to have to learn to do more with less, it's not the government's money, it's the people's money. >> the senate democrats are considering a number of balances ever-- >> and house committee chair paul ryan telling us republicans and democrats are still world's apart. well, that is an understatement. we saw that...
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Mar 21, 2013
03/13
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if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have one looming. >> greta: turns out a majority of americans disagree with the president and the speaker of the house. a new poll showing, a fox poll, that 68% of americans describe the national debt as an immediate problem. only 27% say the debt can be handled in the future. mayor, what do you think? the speaker and the president don't think it's an immediate problem? >> i think the american people are far better economists than the people in washington. the reality we do have a serious debt problem. it's been accumulating now for four or five years. under obama it's been accumulating at massive amounts and there's no serious plan about cutting it. the numbers he was talking about, the cuts, many of which really aren't cuts at all, actually, he hasn't cut anything. he's reduced to some extent the rate of increase, but he
if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have one looming. >> greta: turns out a majority of americans disagree with the president and the speaker of the house. a new poll showing, a fox poll, that 68% of americans describe the national debt as an immediate...
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Mar 23, 2013
03/13
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KQEH
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it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will overshoot. he will go into debt, it will go into debt
it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going...
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Mar 22, 2013
03/13
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one, we are looking at a record budget deficit of about $1 billion next year. so we're looking for every aspect to reap savings in our system. and we have underutilized schools as a result from it population loss in certain parts of the city of chicago. it's healthy for those schools to right size, to become fully utilizeed schools and combining under-utilizeed schools which garners savings we can reinvest and focus the resources we have in one school billion as opposed to multiple, partially used billions. >> brown: for people around the country, give us a sense of how serious the situation is there. is there a sense that chicago is failing some of its students right now? >> i think we have. we've failed to provide those resources that can give them add benefits, particularly in underserved communities, and so thus we're focusing on these underserved communities and it happens to be areas where there has been population loss and we can consolidate some of these schools, save $43 million a year in operations, reinvest those $43 million into the classrooms and d
one, we are looking at a record budget deficit of about $1 billion next year. so we're looking for every aspect to reap savings in our system. and we have underutilized schools as a result from it population loss in certain parts of the city of chicago. it's healthy for those schools to right size, to become fully utilizeed schools and combining under-utilizeed schools which garners savings we can reinvest and focus the resources we have in one school billion as opposed to multiple, partially...
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Mar 24, 2013
03/13
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KQED
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it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will overshoot. he will go into debt, it will go into debt >>> two closely watched u.s. supreme court cases are around the corner. for advocates and opponents for same-sex marriage. we will look at the issue as then mayor gavin newsom issued marriage licenses. we get an update from washington, d.c. for the preparations for the up coming hearings. >> they will be mindful of the limited role as judges to interpret existing law. >> plus, legal analysis on how the issues might be viewed on the highest court in the land. stay tuned for the
it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going...
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Mar 22, 2013
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aboutrse when we think debt and deficits, there are two kinds of deficit. there are those that invest in human capital or infrastructure or investing in education, and those which do not, which endanger our future by adding to the national debt. and this war deficit was of the second type. third point that i am passionate about, although it is difficult for many people to be passionate about accounting, but i am passionate about the lack of war accounting. one of the purposes of our book and the several book chapters that we have written since then is to argue that bad accounting matters. the u.s. owes nearly a trillion dollars in what business would call deferred compensation to the men and women who fought the war, but this liability does not appear anywhere on the national balance sheet. we did not account for the value iraqe 6658 lives lost in and afghanistan. that is just the troops, not civilians, not contractors, except for small amount of life insurance money. even though civilian government agencies estimate the value of life at $7.20 million, so o
aboutrse when we think debt and deficits, there are two kinds of deficit. there are those that invest in human capital or infrastructure or investing in education, and those which do not, which endanger our future by adding to the national debt. and this war deficit was of the second type. third point that i am passionate about, although it is difficult for many people to be passionate about accounting, but i am passionate about the lack of war accounting. one of the purposes of our book and...
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Mar 22, 2013
03/13
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creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000 tax cut -- would get a 200,000 todollar tax curt. t. host: a tweet -- is true.at if you looked at the budget, we have not had in the great increase in spending since obama took office except the that the food stamps and unemployment insurance. except in food stamps and unemployment insurance. programs we have enacted that are designed to increase during recessions like unemployment andrance and food stamps some money comes into the economy so the recession does not turn into a depression. the large deficits occur beca
creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000...
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Mar 20, 2013
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and if we even need a grand bargain at this point since the peak in 2009, deficit is coming down. there is a new report out from president's council of economic advisors saying if we are able to hold medicare to growth rate over the past five years, it has actually been doing well and would go a long way to closing the budget gap. what are you looking for? do we even need a grand barring on right now? >> can couple of things. number one, i think it would be better if we had a grand bargain but i'm skeptical we would have one. give we give away money, about $1.2 trillion. everyone knows the tax code is a mess. economically inefficient. stacked off in times against the middle class. so if we can clean up the tax code that would be beneficial. second, healthcare issue is a very serious one. medicare costs are coming down but there's a demographic that awaits us. 10,000 folks a day are going on to medicare and it is not just medicare issue. it is a healthcare spending issue in this country that's tough on businesses, tough on individual. so if we can do something to help slow that rat
and if we even need a grand bargain at this point since the peak in 2009, deficit is coming down. there is a new report out from president's council of economic advisors saying if we are able to hold medicare to growth rate over the past five years, it has actually been doing well and would go a long way to closing the budget gap. what are you looking for? do we even need a grand barring on right now? >> can couple of things. number one, i think it would be better if we had a grand...
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Mar 25, 2013
03/13
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their long-term debt of more than 14 bill, $327 billion deficit. they don't want to get to where stock toeupbs righ stockton is right now so they are under this emergency pherg, state control. a lot of people have scheduled a protest today, are being called for to protest this move. what exactly wha will he be responsible for? >> slicing and dicing. cutting salaries of city employees. detroit already has a high crime rate. you don't want what happened to stockton, just like matt said they have per capita more murders in the city of chicago. how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor and the city council loose all
their long-term debt of more than 14 bill, $327 billion deficit. they don't want to get to where stock toeupbs righ stockton is right now so they are under this emergency pherg, state control. a lot of people have scheduled a protest today, are being called for to protest this move. what exactly wha will he be responsible for? >> slicing and dicing. cutting salaries of city employees. detroit already has a high crime rate. you don't want what happened to stockton, just like matt said they...
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Mar 19, 2013
03/13
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KGO
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we have a dry deficit for the year, near 6.5" in santa rosa, and 5.5" deficit in san francisco and oakland and 3.5" in livermore. today we just have spotty sprinkles, mostly cloudy this morning with temperatures in the up if per 40's near 50 and hanging in the 50's at the coast and low-to-mid 60's at noon with thicker clouds and the sprinkles develop in the afternoon and become more organized in the form of light rain during the evening hours but it will be very, very light. temperatures will be mild as the wins come from the south and southwest and near 60 in the evening away from the coast. tomorrow, we will have rain in the morning and it will be spotty in the afternoon and mid-50's at the coast and low-to-mid 60's for the rest of us and 70's in the forecast with breezy and increasing sunshine and thursday the 70's inland but we will be close to 70's around the bay by friday, also. sue? >> good morning, mike, hello everyone, we have good looking commute if you travel san jose, northbound, 87, beyond the h.p. pavilion the off-ramp, we are here and traffic is very, very light. no problems
we have a dry deficit for the year, near 6.5" in santa rosa, and 5.5" deficit in san francisco and oakland and 3.5" in livermore. today we just have spotty sprinkles, mostly cloudy this morning with temperatures in the up if per 40's near 50 and hanging in the 50's at the coast and low-to-mid 60's at noon with thicker clouds and the sprinkles develop in the afternoon and become more organized in the form of light rain during the evening hours but it will be very, very light....
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Mar 26, 2013
03/13
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CURRENT
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also, i'm in favor of bringing our budget deficit under control. those kind of things i believe would resonate with the american people. cenk: president jimmy carter, thank you so much for joining us. i've enjoyed it. >> i've enjoyed being with you. cenk: there's a lot i agree on, but the last answer is not one of them. i don't believe that a person as progressive as jimmy carter could possibly win a democratic primary these days, if he didn't have a billion dollars behind him, i think that there's no way in the world the democrats would back a guy who is that fundamentally decent and progressive. i'm keeping it real. by the way i love what they do at the carter center in terms of saying hey, we are going to try things that are really hard, even if it means we might be able to fail. that's how you build a legacy, not by being afraid, by being aggressive in fighting all the decent battles. there's a lot to respect about president jimmy carter and it was great to sit down with him. when we come back, i'll talk to michael hastings, a c.i.a. agent that
also, i'm in favor of bringing our budget deficit under control. those kind of things i believe would resonate with the american people. cenk: president jimmy carter, thank you so much for joining us. i've enjoyed it. >> i've enjoyed being with you. cenk: there's a lot i agree on, but the last answer is not one of them. i don't believe that a person as progressive as jimmy carter could possibly win a democratic primary these days, if he didn't have a billion dollars behind him, i think...
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Mar 21, 2013
03/13
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this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten-year period. here is the big issue though, i want to see obamacare repealed, but it's not going to happen through paul ryan's budget plan. the republicans, if they want that to happen, to get ryan's plan through, they're going to h
this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats...
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Mar 20, 2013
03/13
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number two, even if you close the deficit. this is my major concern, you're stabilizing the debt at levels we have never lived. so you are basically saying, hey, i'm happy playing russian roulette with the economy for the next 20 years, i think that's a disservice, and i think we have to be more aggressive in debt reduction for that year. >>> i think it's a brought indictment for anyone who pushes back as being somehow -- with their head buried in the sand and incapable of understanding that we do perhaps have to do something in terms of reforming the social safety net. whether that's means testing or increasing the capacity, being the limit -- i don't questions your commitment or compassion. i question your willingness to run for office to do this. >> there is no way i'm running for office. in ways i can't detail on this program. we will have you back and i had bring my calculator and disprove all your hard right-wing theorems. it's gra the to have you on the program. >>> you say pathway, rand paul says probation, at least he
number two, even if you close the deficit. this is my major concern, you're stabilizing the debt at levels we have never lived. so you are basically saying, hey, i'm happy playing russian roulette with the economy for the next 20 years, i think that's a disservice, and i think we have to be more aggressive in debt reduction for that year. >>> i think it's a brought indictment for anyone who pushes back as being somehow -- with their head buried in the sand and incapable of...
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Mar 23, 2013
03/13
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the government would still be in a deficit after ten years. senator patty murray argues the plan creates jobs and economic growth but, of course, during the process, patience did run thin. >> madam president, madam president, madam president. >> senate will come to order. >> madam president, the senate is not in order. i flow's a lot of march madness going on. we would like to keep it calm on the floor so that senators can be heard. >> reporter: the white house recently passed -- excuse me, the house recently passed the ryan budget plan which includes a $4.6 trillion deficit reduction over the next decade. these budget plans are resolutions are not bills. this week, congress did pass a continuing resolution bill which actually funds the government for the next six months. we did hear from white house press secretary jay carney, responding to today's news in a statement and reading, in part, "like the president's plan, the senate budget cuts wasteful spending, makes tough choices to strengthen entitlements and eliminates special tax breaks and
the government would still be in a deficit after ten years. senator patty murray argues the plan creates jobs and economic growth but, of course, during the process, patience did run thin. >> madam president, madam president, madam president. >> senate will come to order. >> madam president, the senate is not in order. i flow's a lot of march madness going on. we would like to keep it calm on the floor so that senators can be heard. >> reporter: the white house recently...
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Mar 22, 2013
03/13
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literally you have $3 billion in deficit, annual deficit every year. and employment is double digits. as you said, not only do you have a class divide, you have major socioeconomic divide between the ruling class and the rest of the opposition. more than 40% of jordanians are basically living in poverty. not to plepgs that as you suggested earlier, most of the population in jordan are palestinians so the palestinian/israeli conflict weighs very heavily on the king. and it is for the first time after the arab spring, the king's ledge gitimacy is being challenged. not only from his own tribal base, and this is the situation for the king. that's why president obama is in jordan today to shore up the king and provide some financial assistance as he did, $200 million on top of the $500 million annually that the united states provides to the kingdom. >> you mentioned president obama leaving israel for jordan. one question is what has he left behind? the oldest newspaper in israel, founded before the country was founded said that security will not be attained
literally you have $3 billion in deficit, annual deficit every year. and employment is double digits. as you said, not only do you have a class divide, you have major socioeconomic divide between the ruling class and the rest of the opposition. more than 40% of jordanians are basically living in poverty. not to plepgs that as you suggested earlier, most of the population in jordan are palestinians so the palestinian/israeli conflict weighs very heavily on the king. and it is for the first time...
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Mar 20, 2013
03/13
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they've been talking about debt, deficit, austerity, cuts, and then they say that you're just outrageous or a kook if you don't buy their line. one of the reasons they've shot so much our way is because we are not afraid, we believe that we're going to stand up and stand for what we believe? >> well, let's really focus on kookism now because your budget includes more money for food assistance program. >> right. >> when michele bachmann shoek at cpac on saturday she made a gross falsehood, a claim about money for poverty programs winding up in the hands of bureaucrats. let me read how "the washington post" concludes its four pinocchio ruling on that claim. so bachmann yet again earns four pinocchios but there really aren't enough pinocchios so such misleading use of statistics in a major speech. sir, if there is one kook in that house, she surely must qualify. >> well, you know, she is standing up for her ideological position, which is -- >> congressman, she's telling lies. that's not an ideological position, that's an outright lie. >> true, martin, but it does sort of advance what argume
they've been talking about debt, deficit, austerity, cuts, and then they say that you're just outrageous or a kook if you don't buy their line. one of the reasons they've shot so much our way is because we are not afraid, we believe that we're going to stand up and stand for what we believe? >> well, let's really focus on kookism now because your budget includes more money for food assistance program. >> right. >> when michele bachmann shoek at cpac on saturday she made a...
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Mar 21, 2013
03/13
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being a deficit hawk, we're going broke. we won't be able to pay our bills. that's pretty immediate. what we have to do is, i mean, long term, look toward a more steady state sustainable economic policy rather than always looking toward the next crisis just to get us through moment. >> is that really true though that we don't think in stories anymore? to me stories and story telling are so central to human beings and the way we think about the world, our lives, our trajectories. has technology really changed that? >> i don't know if technology has changed it. we did not have history until we had text. we didn't have -- >> we had stories before we had text. >> not the same way. we did not have human history. we did not have the idea of judeo-christian progress. we did not have contract that's created accountability in the future. >> didn't we have an oral tradition before we had written text? >> we did. but those stories were very circular. very different kinds of stories. they were not we are a people marching toward this end. that we're going to make things
being a deficit hawk, we're going broke. we won't be able to pay our bills. that's pretty immediate. what we have to do is, i mean, long term, look toward a more steady state sustainable economic policy rather than always looking toward the next crisis just to get us through moment. >> is that really true though that we don't think in stories anymore? to me stories and story telling are so central to human beings and the way we think about the world, our lives, our trajectories. has...
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Mar 21, 2013
03/13
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we have cut already huge amounts of money in deficit reduction. it's just not appropriate. all right. mr. president, that our military can't train and do the maintenance necessary, tieing it directly into the sequester. these men and women, our marines, were training here in hawthorne and with this sequester is going to cut this stuff back. now, beckel, please, he is he doing -- is he exploiting, is he making the sequester the issue in the training accident. >> let me say one thing to you. he may be exploiting it but, o'reilly, here is the difference. he did not say -- you read that thing. did he not say -- he said in the future this could be a similar situation could happen. >> bill: he didn't say the future. >> he did not link the two of these together. it's semantics. let's not waste the time. his timing was bad. his timing was terrible. >> bill: when the email come in i guarantee you it's going to be 100 to 1 against you on that issue. >> what else is new? >> bill: not going to have anything to do with politics. people hear what is said. >> i understand that. >> bill: t
we have cut already huge amounts of money in deficit reduction. it's just not appropriate. all right. mr. president, that our military can't train and do the maintenance necessary, tieing it directly into the sequester. these men and women, our marines, were training here in hawthorne and with this sequester is going to cut this stuff back. now, beckel, please, he is he doing -- is he exploiting, is he making the sequester the issue in the training accident. >> let me say one thing to...
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Mar 18, 2013
03/13
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deficit reduction i would put as the second priority and one that is coupled with economic growth the so i think we can do both. make sure we have deficit reduction but don't cut too much too fast. >> reporter: bottom line, bill, american people are seeing this over and over again. republicans and democrats fighting on both sides of the aisle and perhaps, they can come together for a grand bargain but just doesn't appear to be the case right now. as they grapple with the budget, keep in mind that two weeks away they have to come up with a continuing resolution by march 27. bill: as ryan says, at least there is baseline for comparison between the two sides. we'll get into that in just a moment here. thank you, kelly wright on the north lawn. martha. martha: the senate then is expected to pick up the debate over the budget proposal from senator patty murray this week. that is due on april the 1st. for a little bit of background and context here, it has been four years, 1419 days to be exact since the last time that the senate passed a budget resolution. that is not a budget. just sort o
deficit reduction i would put as the second priority and one that is coupled with economic growth the so i think we can do both. make sure we have deficit reduction but don't cut too much too fast. >> reporter: bottom line, bill, american people are seeing this over and over again. republicans and democrats fighting on both sides of the aisle and perhaps, they can come together for a grand bargain but just doesn't appear to be the case right now. as they grapple with the budget, keep in...
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Mar 22, 2013
03/13
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CSPAN
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aboutrse when we think debt and deficits, there are two kinds of deficit. there are those that invest in human capital or infrastructure or investing in education, and those which do not, which endanger our future by adding to the national debt. and this war deficit was of the second type. amthird point that i passionate about, although it is difficult for many people to be passionate about accounting, but i am passionate about the lack of war accounting. one of the purposes of our book and the several book chapters that we have written since then is to argue that bad accounting matters. the u.s. owes nearly a trillion dollars in what business would call deferred compensation to the men and women who fought the war, but this liability does not appear anywhere on the national balance sheet. we did not account for the value of the 6658 lives lost in iraq and afghanistan. that is just the troops, not civilians, not contractors, except for small amount of life insurance money. even though civilian government agencies estimate the value of life at $7.20 million,
aboutrse when we think debt and deficits, there are two kinds of deficit. there are those that invest in human capital or infrastructure or investing in education, and those which do not, which endanger our future by adding to the national debt. and this war deficit was of the second type. amthird point that i passionate about, although it is difficult for many people to be passionate about accounting, but i am passionate about the lack of war accounting. one of the purposes of our book and the...
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Mar 21, 2013
03/13
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more revenue in than any year in our history, and yet we will still have a trillion- dollar budget deficit. does not anybody realize there is a problem here? >> i understand you met with some of your senators and members on the issue of benghazi. [indiscernible] republicans planning further review? are you planning more subpoenas? >> there are members who wanted to compare notes on what we know and what we do not know. frankly there is a lot we still do not know. it was a friendly exchange of information, and some decisions about a way forward. [indiscernible] on what happened prior to september 11, what actually happened on september 11, and then why it was described for weeks as some think it was not, when the people who were watching this knew it was a terrorist attack. . included cushions for programs like border control to help them get by this question, but it does not do anything to prevent layoffs for traffic controllers per couldn't congress have done more for leaving -- before leaving on its recap -- on its recess the prevent these layoffs? but listen, under this bill, some agenc
more revenue in than any year in our history, and yet we will still have a trillion- dollar budget deficit. does not anybody realize there is a problem here? >> i understand you met with some of your senators and members on the issue of benghazi. [indiscernible] republicans planning further review? are you planning more subpoenas? >> there are members who wanted to compare notes on what we know and what we do not know. frankly there is a lot we still do not know. it was a friendly...
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Mar 19, 2013
03/13
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will they give the president a major deficit reduction victory or not? if they really believe that needs to be done and the president put something on the table that gets them significant entitlement reform and savings, i think they've got to do it. >> harold, i think the possibility of deals and immigration, possibility of deals on guns, possibility of deals on the budget, on the long-term debt, i think the possibilities are actually -- excuse me for being optimistic, pretty darn good on all fronts. you've got republicans who daily are holding press conferences wringing their hands trying to figure out how to save their party. and you have a president who, again, he's a 47%, pretty damn good considering everything. but still, he wants to be over 50% and he wants a legacy. he doesn't want to just talk about what he did the first two years. >> i agree. i believe the prospects for progress on both immigration and gun control are gun regulation. if we get progress on the budget and the debt. i think immigration and gun regulations are easier to win. if the
will they give the president a major deficit reduction victory or not? if they really believe that needs to be done and the president put something on the table that gets them significant entitlement reform and savings, i think they've got to do it. >> harold, i think the possibility of deals and immigration, possibility of deals on guns, possibility of deals on the budget, on the long-term debt, i think the possibilities are actually -- excuse me for being optimistic, pretty darn good on...